SPY This is the last time I am playing this ETF, LAST TIME! Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Mar 21, 2018 9:04 PM

LAST MOMENT HYPE TRADE:
Win or Lose, We booze. Playing the news for the first time, If this goes well, vodka for everyone!

My Play: 260 * 0.11 March 23, S 250 OTM Puts (Already considered total loss, IDC but if it goes there then it goes there :D)
Hedge: 50* 1.63 Jun 21, S325 OTM Calls

Sell order: $3.00 per Puts = 78Kish profit.
Max Loss: 10.5Kish loss.

Gold going up,
Treasure yield going up,

News Source: wsj.com/livecoverage/federal-reserve-march-meeting-2018

Comment

⋅ Mar 21, 2018 9:20 PM

ALSO, AMZN LOTO PUTS!!! ATM MACHINE! EU TAX STUFF

Trade active

⋅ Mar 21, 2018 9:23 PM

All day trading SPY lol!

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⋅ Mar 21, 2018 9:36 PM

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⋅ Mar 21, 2018 9:37 PM

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⋅ Mar 21, 2018 9:40 PM

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⋅ Mar 21, 2018 9:42 PM

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⋅ Mar 21, 2018 9:44 PM

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⋅ Mar 21, 2018 9:47 PM

Trade active

⋅ Mar 22, 2018 12:17 PM

LET THE PARTY BEGIN!

Comment

⋅ Mar 22, 2018 11:55 PM

Hedge sold at miday, 1/2 puts sold before close. Now on the house money. TGT 257.00

Trade closed: target reached

⋅ Mar 23, 2018 8:13 PM

Comments

airswimmingape

⋅ Mar 21, 2018 9:30 PM

Go for it, if you can push your options to mid - late April will reduce your risk significantly. This market going down but they can f*ck around with it for a bit longer if they wish

UnknownUnicorn1020621

⋅ Mar 21, 2018 9:31 PM

@peterhowitt, I just bought the hedge to recoup the loss if something happens :D. IDC which direction it goes. Profit! or Break even!